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FairComparisons
D23 Bukit Panjang

THE LANAI

HILLVIEW AVENUE · District 23 · 999 yrs lease commencing from 1885

Median Price

S$1.7M

55 transactions

Price Range

S$1.4M - S$2.4M

Tenure

Leasehold

999 yrs lease commencing from

Avg Rent

S$4.21 psf

per month

THE LANAI Price Analysis

THE LANAI is a leasehold development on HILLVIEW AVENUE in District 23 (Bukit Panjang). According to URA transaction records, 55 private residential transactions have been recorded at this development, with a median price of S$1,690,000. Prices range from S$1.4M for the smallest units to S$2.4M for premium configurations.

The development offers units across 3 size categories. The most traded segment is 2-bed (70-100 sqm) at a median of S$1,525,000. Larger units (4-bed (130-170 sqm)) trade at S$2,400,000, reflecting the premium for additional space.

On the rental side, THE LANAI commands an average of S$4.21 per square foot per month. At the median purchase price, this implies a gross rental yield of approximately 2.6%.

Price Trend

Median transaction price by contract month.

Source: URA Private Residential Property Transactions

Price by Unit Size

Size BandMedian PriceAvg SizeTransactions
2-Bed (70-100 sqm)S$1.5M92 sqm29
3-Bed (100-130 sqm)S$1.9M112 sqm25
4-Bed (130-170 sqm)S$2.4M150 sqm1

FAQ

What is the average price of THE LANAI?

The median transaction price at THE LANAI is S$1,690,000, based on 55 URA-recorded transactions. Prices range from S$1.4M to S$2.4M.

What is the rental rate at THE LANAI?

The average rental rate at THE LANAI is approximately S$4.21 per square foot per month, based on URA median rental data.

Source: URA Private Residential Property Transactions. Analysis by FairComparisons.